WEEKLY TRENDSETTER (AUGUST 16,2024) 2024 AUG 2 AUG 9 Ch % NIFTY 24717 24367 -1.42 BANK NIFTY 51350 50484 -1.69 USD/INR 83.75 83.95 +0.24 MARKET REVIEW-The week saw a sharp gap down opening pushing the Nifty below 24000.However, it recovered but still not enough to fill the opening gap. The week was highly volatile …
Both bulls and bears left nursing wounds after a volatile week ! Read More »
WEEKLY TRENDSETTER (AUGUST 9,2024) 2024 JULY 26 AUG 2 Ch % NIFTY 24834 24717 -0.47 BANK NIFTY 51296 51350 +0.11 USD/INR 83.72 83.75 +0.04 MARKET REVIEW-The week did see 25000 on Nifty being conquered but the joy was short-lived as geopolitical tension again resurfaced which resulted in markets tumbling towards close of week. The …
Correction seen in the coming week as 25000 could be near term resistance on Nifty ! Read More »
WEEKLY TRENDSETTER (AUGUST 2,2024) 2024 JULY 19 JULY 26 Ch % NIFTY 24531 24834 +1.24 BANK NIFTY 52265 51296 -1.85 USD/INR 83.65 83.72 0.08 MARKET REVIEW-The week was action packed as expected, with volatility at its best. A sell-off post budget saw the index dipping to almost 24000.After 2 days of sluggishness the first …
Bulls get into the act while bears run for cover! Read More »
WEEKLY TRENDSETTER (JULY 26,2024) 2024 JULY 12 JULY 19 Ch % NIFTY 24502 24531 +0.12 BANK NIFTY 52278 52265 -0.02 USD/INR 83.52 83.65 +0.16 MARKET REVIEW-The week saw peaking of indices even as the broader market was showing signs of fatigue. With budget round the corner, all eyes will be on the FM for …
WEEKLY TRENDSETTER (JULY 19,2024) 2024 JULY 5 JULY 12 Ch % NIFTY 24324 24502 +0.73 BANK NIFTY 52660 52278 -0.73 USD/INR 83.50 83.52 +0.02 MARKET REVIEW-The week was difficult to navigate as sharp profit-taking was seen in the broader market. The IT pack came to rescue towards end of week which boosted the sentiments …
WEEKLY TRENDSETTER (JULY 12,2024) 2024 JUNE 28 JULY 5 Ch % NIFTY 24010 24324 1.31 BANK NIFTY 52342 52660 0.61 USD/INR 83.41 83.50 0.11 MARKET REVIEW-The week saw some decent sector rotation as pharma, IT and the PSU pack were in stellar form even as banking sulked after some sluggish quarterly data from HDFC …
Middle order (IT and pharma) steadies the Nifty as top order batsman(HDFC Bank) falters! Read More »
WEEKLY TRENDSETTER (JuLY 5,2024) 2024 JUNE 21 JUNE 28 Ch % NIFTY 23501 24010 +2.17 BANK NIFTY 51661 52342 +1.32 USD/INR 83.58 83.41 -0.20 MARKET REVIEW-The week largely saw the heavyweights in limelight which kept the indices propped up but the broader market witnessed profit-taking which resulted in a sense of unease as the …
WEEKLY TRENDSETTER (June 28,2024) 2024 JUNE 14 JUNE 21 Ch % NIFTY 23465 23501 +0.15 BANK NIFTY 50002 51661 +3.32 USD/INR 83.56 83.58 +0.02 MARKET REVIEW-It was a mixed week where bouts of profit-taking emerged at higher levels. However, the bounce back was also swift as buyers at lower levels emerged. The private banking …
Nifty narrowly in the green for the week thanks to heavyweight captain(HDFC Bank) Read More »
WEEKLY TRENDSETTER (June 21,2024) 2024 JUNE 7 JUNE 14 Ch % NIFTY 23290 23465 0.75 BANK NIFTY 49803 50002 0.40 USD/INR 83.42 83.56 0.17 MARKET REVIEW-It was a week of consolidation as the market paused after a stellar short covering rally post the election results. The broad-based market was however very strong with several …
While indices consolidate ,broader market sizzles! Read More »
WEEKLY TRENDSETTER (June 14,2024) 2024 MAY 31 JUNE 7 Ch % NIFTY 22530 23290 3.37 BANK NIFTY 48984 49803 1.67 USD/INR 83.48 83.42 0.37 MARKET REVIEW-The week saw a roller coaster ride on the back of hype in opinion polls and subsequent fall in expections in the Lok Sabha elections.However once it was clear that …
Jo dar gaya samjho mar gaya theme played out well last week ! Read More »